Senior Specialty Wealth Asset Manager

City National Bank; San Francisco (CA); On-site; USD 150,000 - 190,000; Full time

Benefits offered by this job

Comprehensive healthcare coverage

401(k) matching

Tuition reimbursement

Time away (vacation/sick)

Fertility benefits

Job summary

City National Bank seeks a Senior Specialty Wealth Asset Officer to lead asset/investment management for complex real estate and related assets held in fiduciary accounts within our Wealth Management platform. You will oversee property operations, third-party providers, and asset-level projects, ensuring regulatory and internal policies are followed.

You'll partner with relationship teams, clients and partners to optimize investment performance, manage risk, coordinate communications, and drive

Qualifications

• 7 years of property/asset management (residential/commercial) experience necessary. Fiduciary Experience a plus.
• 7 years of experience in analyzing appropriate industry investments, including operating statements, market data and its sources, offering memorandums/offerings, and relevant 3rd party reports.

Responsibilities

• Provides asset/investment management services for their assigned portfolio of Specialty Wealth assets held in fiduciary accounts within investment guidelines and the regulatory framework.
• Manages portfolio while mitigating risk and following established company and department policies, procedures, and best practices.
• Completes all regulatory and internal requirements associated with the assets in their portfolio in accordance with established policies, procedures and practices, such as annual reviews, inspections, valuations, document retention, audit inquiries, etc.
• Oversees the operations at the asset level, either through a 3rd party or directly, including but not limited to asset performance, income collection, expense payment, 3rd party repair/maintenance activities, etc.
• Recommends and (with appropriate approvals) implements strategies for the Specialty Wealth assets of an account which incorporates client’s investment objective, account size, asset mix, liquidity and account circumstance.
• Facilitates transactions and projects of Specialty Wealth assets in accounts, including acquisitions, dispositions, exchanges, leases, capital expenditures, etc.
• Coordinate/communicate specialty wealth asset activities as appropriate with assigned Trust Officers and other relationship managers.
• Participate in meetings and presentations that promote product and service awareness among clients, prospects, and referral sources.
• Maintain a “Satisfactory” internal and external audit review.

Skills

Communication

Analytical

Negotiation

Sales

Computer literacy

Attention to detail

Customer service

Multitasking

Teamwork

Education

CPM

CCIM

Job description

City National Bank seeks a Senior Specialty Wealth Asset Officer to lead asset/investment management for complex real estate and related assets held in fiduciary accounts within our Wealth Management platform. You will oversee property operations, third-party providers, and asset-level projects, ensuring regulatory and internal policies are followed.

You'll partner with relationship teams, clients and partners to optimize investment performance, manage risk, coordinate communications, and drive